- The GameShift platform has been launched, offering seamless wallet integration and asset management for Web3 games.
- Google Cloud chose Solana for its impressive transaction speed and 99.95% uptime.
- In September 2024, Solana set a new record with 5.5 million active daily addresses.
Solana Labs and Google Cloud have introduced Gameshift, a Web3 API service designed as a tool for the community. This will bridge the gap between Web2 and Web3 for developers, exhibiting a robust step forward.
This new API was unveiled and released during the “Gamer Village” side-stage events at the 2024 Solana Breakpoint conference.
Per a Google Cloud blog post, Gameshift provides an extensive range of Web3 functionalities for projects hosted on the cloud-based environment. Currently, the Gameshift service is exclusively available through the Google Cloud Marketplace.
Google Cloud Chooses Solana for Its Superior Transaction Speed
The Google Cloud primarily targets developers of traditional games for this tool. This tool is for those who want to enhance their projects with Web3 elements like NFTs and other digital assets.
It aims to simplify the complex process of securely integrating blockchain-based services across different platforms.
Jack Buser is the head of games at Google Cloud. He highlighted the challenge of merging these two worlds as a gradual integration of emerging technologies into established industries.
“Game studios have recently been considering Web3 for new approaches to growth and development but are often discouraged by the seeming complexity of the technology and the Web3 community. Game studios are already overstretched and require applications such as GameShift to offer them easy technical and cultural on-ramps to Web3.”
Google Cloud has effectively chosen the Solana network for this project due to its unique features. This includes extremely high transaction capabilities, with a phenomenal 99.95% uptime and impressive throughput. Also, Google’s recent foray into the crypto space has ignited considerable debate.
Moreover, the Solana network has been witnessing significant activity in stablecoin transactions and also in NFT volumes, too. Solana is known as a robust asset in the community, with the title of “Ethereum Killer” given by its community. Also, it boasts a large daily user base and rapid transaction speeds.
Solana’s record-breaking 5.5 million active daily addresses: What’s Behind the Surge?
On September 10th, Solana saw a remarkable surge in network traffic. It is hitting a record of 5.5 million active daily addresses.
This significant growth presents Solana Crypto‘s increasing popularity in the blockchain market. It also places it ahead of competitors. This includes the leading Ethereum Layer-2 solutions.
This surge in daily active addresses positions Solana crypto blockchain among the top blockchain networks globally. With 5.5 million active addresses this month, Solana could account for more than half of all active addresses. This indicates a rapidly expanding user base and a substantial market share.
Similarly, the primary reason for this growth is Solana Crypto‘s ability to process transactions faster and at lower costs compared to Ethereum. This efficiency has earned Solana the nickname “Ethereum Killer,” as it competes effectively in the dApp and smart contract spaces.
The current increase in network load and performance metrics suggests that Solana can outperform Ethereum and its Layer-2 counterparts.
Additionally, there is ongoing debate about the impact of Layer-2 solutions on the Ethereum ecosystem. This further highlighted Solana’s growing influence.
Solana’s Price Surge and Growing Community
The recent launch of Google Cloud‘s services, along with other factors, has significantly boosted Solana’s price this September. Additionally, the community has seen substantial growth in the last month of this quarter.
Solana’s Twitter followers have increased from 2.7 million to 2.8 million, reflecting this upward trend. This expanding social presence could positively influence Solana’s price in the future. The increased user engagement may drive demand and enhance the value of Solana crypto.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
